Los Angeles Women S Entrepreneurial Fund

Six people who have reopened small businesses that were damaged or destroyed in the 1992 riots were awarded a total of $32,000 in low-interest loans at a pre-Christmas ceremony outside Mary's Beauty Salon in South-Central Los Angeles on Thursday. The loans, granted by the Los Angeles Women's Entrepreneurial Fund, are aimed at expanding the inventories and upgrading the equipment of the inner-city businesses owned by women. The businesses range from gift shops to coin laundries.

Six people who have reopened small businesses that were damaged or destroyed in the 1992 riots were awarded a total of $32,000 in low-interest loans at a pre-Christmas ceremony outside Mary's Beauty Salon in South-Central Los Angeles on Thursday. The loans, granted by the Los Angeles Women's Entrepreneurial Fund, are aimed at expanding the inventories and upgrading the equipment of the inner-city businesses owned by women. The businesses range from gift shops to coin laundries.

Alberta Craven is famous in her neighborhood for the sweet potato pies she turns out by the dozen each day at her 27th Street Bakery, just south of downtown. But fame was no match for the Los Angeles riots. When the fires stopped burning last May, Craven had lost half of her commercial customers--and an estimated $50,000 in sales.

Alberta Craven is famous in her neighborhood for the sweet potato pies she turns out by the dozen each day at her 27th Street Bakery, just south of downtown. But fame was no match for the Los Angeles riots. When the fires stopped burning last May, Craven had lost half of her commercial customers--and an estimated $50,000 in sales.